Question: QUESTION 1 a) The following table shows Abid's total utility (TU) from consuming burgers and pizza. Assumed that Abid has RM25 per week for him

QUESTION 1 a) The following table shows Abid's total utility (TU) from consuming burgers and pizza. Assumed that Abid has RM25 per week for him to spend on burgers and pizza. The price of the burger is RM2 and the price of the pizza is RM3. Quantity TUburger (utils) TUpizza (utils) 0 0 0 - 30 40 2 55 75 75 101 90 119 100 134 105 141 Based on the above table: i. Calculate the marginal utility per ringgit for both. How many burgers and pizzas Abid should buy to maximize his satisfaction, subject to his budget constraint? (4 marks) ii. Suppose the price of burgers and pizza increase to RM2.50 and RM4, respectively, while his budget decreases to RM9. Calculate the new combination of burger and pizza that will maximize satisfaction for Abid? (4 marks) b) Melati has RM200 to spend on good X and good Y when the price of good X is RM20 and the price of good Y is RM10. By using a relevant diagram, show Melati's utility maximization point as she decides to purchase 5 units of good X. (4 marks)

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